East Anglian credit unions welcome Digital Banking Technology Awards win for Change Account

Representatives from Eastern Savings and Loans and Rainbow Savers join the celebrations after the su

Representatives from Eastern Savings and Loans and Rainbow Savers join the celebrations after the success for The Change Account at the Digital Banking Technology Awards. - Credit: Archant

Two credit unions operating in the eastern region are celebrating a national honour for The Change Account, which offers credit union members access to traditional banking.

The Change Account and its technology partner Payment Cloud Technologies picked up the Best Fintech Partnership trophy at the Digital Banking Technology Awards in London.

The Eastern Savings and Loans Credit Union (ESLCU), which is based in Ipswich, and Rainbow Saver, based in Lowestoft, both offer Change products.

Chris Mole, chief executive at the ESLCU, said: “We have more than 500 members using the account and the associated debit card with Mastercard and they will testify this really is an award winning product!”

Sally Chicken, chairman of Rainbow Saver, added: “With more than 600 Rainbow Saver members using it to manage their finances across the region, it’s clear the customer agrees its a winner !”

ESLCU covers Suffolk, Norfolk and Cambridgeshire, and Rainbow Saver operates in Suffolk and Cambridge.

Competitors in the Best Fintech Partnership category included Deutschebank and Santander.